CHIE News and Press, Global X MSCI China Energy From 01/31/24

2024-01-31 11:30:00 ET Summary Manufacturing PMI data came in slightly below forecasts, indicating a soft start to the year. The Chinese manufacturing sector remains under pressure amid a weak domestic recovery and poor external demand. The manufacturing PMI has been under 50 for ...

2024-01-31 10:30:00 ET Summary The core Personal Consumption Expenditures price index fell to its lowest level since March 2021. Euro area business optimism about the coming year improved for a fourth consecutive month in January. Last week brought several announcements from r...

2024-01-29 22:05:00 ET Summary As we come to the end of January, having made fresh all-time highs in the S&P 500 last week, one is reminded again of the old trader’s saw that, “As January goes, so goes the year.”. October through January tends to be the st...

2024-01-28 06:42:47 ET Summary Jack Ma bought $50 million worth of Alibaba shares in recent months. Chairman Joe Tsai bought $150 million worth, bringing total insider buys to at least $200M. The buys triggered a rally in Chinese internet stocks. They signalled a shift in the ...

2024-01-27 00:12:00 ET Summary U.S. markets are trading at record highs. What's driving the gains? What is the breadth looking like? What the latest earnings season is telling us about equities. U.S. markets have been trading in record territory recently. However, ...

2024-01-25 00:55:00 ET Summary Weak Chinese growth has been a cause of widespread global concern, posing risks to both emerging economies and developed nations looking to renormalize their economies. Recent money supply trends suggest China’s economy is not out of the woods...

2024-01-24 22:15:00 ET Summary China’s government is finally moving to stimulate the economy after its sluggish post-COVID reopening. The country faces a slew of problems, including low consumer confidence, plummeting property sales, and high youth unemployment. Even if...

2024-01-23 15:15:00 ET Summary Chinese stock prices have lost money in the 16 years since 2007 and are now back near 2005 levels. Chinese treasury bonds have rallied sharply as beaten-up capital capitulates out of riskier markets and back to the relative safety of government bonds...

2024-01-23 05:08:00 ET Summary Investor sentiment toward China has soured after a tough year for the economy and stock market. But the painful economic transition is also creating real opportunity. China’s property sales continued to tumble in 2023, marking a 54% contractio...

2024-01-22 22:35:00 ET Summary The wobbly start to January was the long overdue correction that we did not see in November or December, when pullbacks were one-day wonders. Not every index set a record last week, but the majors did, like the Nasdaq 100, the S&P 500 and the Dow...